New South Wales, Australia (Natural Energy News): GE Renewable Energy said yesterday that it would help accelerate the development of a 500 MW hydroelectric water storage project in the Australian state of New South Wales (NSW), which is part of a larger, 4-GW renewable complex.
The Walcha Energy project will combine solar and wind generation with pumped hydro and battery storage to supply enough electricity to satisfy 15% of latest South Wales's electricity needs. It schemes for the New England Renewable Energy Zone (REZ) by MirusWind and Energy Estate.
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The renewable arm of GE (NYSE: GE) will provide technical and commercial support for the event of the Dungovan Pumped Hydro Storage power station project under an agreement with Valcha Energy. It did not disclose specific details.
The Dungovan plant will provide firming and grid support services and make it easier for the state to add more renewal capacity. Energy Estate managing director Simon Curry said the facility is strategically located between coal power plants retiring from the east and west and north to the south and emerging wind and solar capacity.
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